Tencent Music Entertainment (TME) Change in Taxes (2021 - 2022)
Tencent Music Entertainment's (TME) quarterly Change in Taxes came in at -$35.9 million in Q2 2022, down 38.24% year-over-year from -$58.2 million in Q2 2021, and down 159.21% quarter-over-quarter from -$13.9 million in Q1 2022.
Powered by 
Analysis
Tencent Music Entertainment (TME) Change in Taxes (2021 - 2022) Analysis & Trends
Tencent Music Entertainment has disclosed Change in Taxes across 2 years of filings, most recently posting -$35.9 million for Q2 2022.
- In Q2 2022, Change in Taxes fell 38.24% year-over-year to -$35.9 million; the TTM figure through Jun 2022 stood at -$93.4 million (changed N/A YoY), while the FY2025 annual figure was -$256.7 million, down 36.11% from the prior year.
- Change in Taxes came in at -$35.9 million for Q2 2022 at Tencent Music Entertainment, down from -$13.9 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of -$13.9 million in Q1 2022 to a low of -$35.9 million in Q2 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 298.93 Bn | 289.80 Bn | 6.52 Bn | - |
| 2 | Spotify Technology | 104.93 Bn | 94.01 Bn | 1.86 Bn | -98.80 Mn |
| 3 | Tencent Music Entertainment | 12.20 Bn | 9.10 Bn | 582.00 Mn | - |
| 4 | FuboTV | 1.09 Bn | 3.01 Bn | 399.10 Mn | - |
| 5 | iQIYI | 974.56 Mn | 490.38 Mn | 152.37 Mn | - |
| 6 | Huya | 920.96 Mn | 560.70 Mn | 37.58 Mn | - |
| 7 | Mega Matrix | 211.73 Mn | 204.42 Mn | 3.03 Mn | - |
| 8 | Kaltura | 203.35 Mn | 172.05 Mn | 34.54 Mn | - |
| 9 | CuriosityStream | 164.31 Mn | 115.92 Mn | 16.93 Mn | - |
| 10 | Cineverse | 50.40 Mn | 46.08 Mn | 10.66 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2022 | -35.94 Mn |
| Mar 31, 2022 | -13.87 Mn |
| Jun 30, 2021 | -26.00 Mn |
| Mar 31, 2021 | -17.59 Mn |